Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 20/6/2018 - After retaliation of China to US on import tariffs, will Russia the next?

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Publish date: Wed, 20 Jun 2018, 11:58 AM
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20/6/2018

*US Mini Dow Jones Sep 18*

Yesterday close : 24715 -301

DJI fell for another day as pressured by trade war tension. Tonight watch out for Fed Chair Powell Speech at 930pm.

Daily chart formed another bearish candle to test previous support while hourly chart show technical rebound from RSI oversold, yet no firm rebound signal.

*Classic Support & Resistance*
Support: 24569 24421
Resistance: 24814 25020

*Recommended trading plan today:*
1. Look for rebound buy signal above 24756
2. Look for sell signal if break below 24569.

*Margin Requirement (per lot):*
USD 5390

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